Overdue loans at Armenia’s banks grew 1.1% in November 2016

10.01.2017 14:23
Overdue loans at Armenia’s banks grew 1.1% in November 2016

YEREVAN, January 10. /ARKA/. Overdue loans at Armenia’s banks grew 1.1% in November 2016, compared with the previous month, to AMD 43.2 billion, the National Statistical Service reports.

Loans with a short-term payment delays shrank 4.4% to AMD 18.9 billion in November, and those with long-term payment delays grew instead by 5.8% to AMD 24.3 billion.

The total amount of prolonged loans grew 9.9% to AMD 112.4 billion.

The banks’ credit exposure grew 2.3% to AMD 2 141.4 billion – loans in foreign currencies grew 1.2% to AMD 1 357.8 billion and those in Armenian drams 4.1% to AMD 783.7 billion.

Armenian banks’ aggregate loan portfolio amounted to AMD 2 297 billion in late November showing a 2.6% month-on-month growth. ($1 – AMD 484.63). --0--


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